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The detailed and comprehensive information contained in this, the 14th annual Australian Financial Markets Report (AFMR) highlights one of the primary reasons for the Australian economy being one of the world's strongest performing in recent years - the existence of deep, liquid and sophisticated financial markets. The size and stability of Australia's financial markets play a vital role in the performance of the economy as a whole. The finance and insurance sector is currently the third largest sector of Australia's economy, contributing more than 7 per cent of GDP and employing around